IMF Staff Report of the 2025 Article IV Consultation Discussions re Curaçao: The authorities’ plans to introduce a revenue-neutral and equity-enhancing VAT and modernize and digitalize the tax administration are welcome. Expanding the tax base and better tap tourist spending will be critical to offset potential increases in pension spending (Curaçao)
On Tuesday, September 9, 2025, the International Monetary Fund (IMF) released its Staff Report as well as a Press Release on the 2025 Article IV Consulation Discussions with the Kingdom of the Netherlands regarding Curaçao and Sint Maarten. The mission took place during June 18-25. The Staff Report has been prepared by a staff team of the IMF for the Executive Board’s consideration on a lapse of time basis, following ...
IMF Staff Concluding Statement of the 2025 Article IV Mission to Curaçao: Plans to design the envisaged VAT reform in a revenue-neutral and equity-enhancing way are welcome. Expanding property taxation on second homes should be prioritized, as well as the purchase and implementation of digital infrastructure to modernize Curaçao’s tax system. Further considerations to introduce a tourism fee, end tax holidays on import duties, and adjust permitting fees would lift revenues and contribute to compensating for potential pension increases (Curaçao)
On Wednesday, July 2, 2025, the Staff Concluding Statement of the 2025 Article IV Mission to Curaçao was published on the website of the International Monetary Fund (IMF). The mission took place during June 18-25. According to the Staff Concluding Statement, the primary surplus continued its upward trajectory on the back of increased tax collection on goods and services. And the near doubling of the tourism footprint within five years ...